Drive-Thru Krispy Kreme Investment
For Sale
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15050 Southfield Rd, Allen Park, MI 48101
NNN leased Krispy Kreme in Detroit MSA.
Property Size4,488 SF
Price / SF$506.91
Days on Market138
Property Features for 15050 Southfield Rd
General Information
Standard status
Active
Size
4,488 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$119,381
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners McLean
(703) 268-0854
Listed By:
Andrew Fallon · License #VA 0225193951
Source:
Crexi
Added: Mar 27
Changed: Aug 9
Last Checked: Aug 11 at 5:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners McLean
Investment Insights
Based on property information with market context.
This is an absolute NNN, corporate signed, drive-thru equipped, Krispy Kreme investment property located in Allen Park, MI (Detroit MSA). The tenant, Krispy Kreme Doughnut Corporation, recently exercised their second of four option periods, providing firm term through October 2028. The lease features CPI increases at the beginning of each option. The lease is signed by the corporate entity and is absolute NNN with zero landlord responsibilities. Krispy Kreme is strategically located along Southfield Road with visibility and access to 61,700 vehicles passing by daily. The asset benefits from nearby access onto State Highway 85 (42,600 VPD), Interstate 75 (104,500 VPD), and Interstate 94 (155,000 VPD). Krispy Kreme is situated within a dense retail trade area with many national/credit tenants including Kroger, The Home Depot, Target, ALDI, Meijer, and ACE Hardware. The property is near numerous single-family communities and multi-family complexes including The Cove at Allen Park (132 units), Park Plaza (200 units), and Gale Gardens (233 units). The 5-mile trade area is supported by over 288,200 residents and 117,000 daytime employees, with an average household income of $78,438. The property size is 4,488 square feet.
Key Highlights
- Absolute NNN lease with zero landlord responsibilities, providing a completely passive investment.
- Corporate‑signed lease with Krispy Kreme Doughnut Corporation, a world‑renowned brand.
- Secure income stream with lease term through October 2028, plus CPI increases at the beginning of each option period.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
862
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 48101, MI
28,664
Population
12,413
Households
2.3
Avg Household Size
41
Median Age
30%
College-Educated
94%
High-School Grad
7.0 sq mi
ZIP Area
4,095
Density / Sq Mi
$80,045
Median Household Income
$51,658
Median Earnings
$1,181
Median Rent
$174,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- City Coffeehouse — 6623 Allen Rd, Allen Park, MI 48101
- Target — 15569 mclain ave, allen park, mi 48101
- Starbucks — 1845 Southfield Rd, Lincoln Park, MI 48146
- Lincoln Park Nutrition — 2617 Dix Hwy, Lincoln Park, MI 48146
- Cocktail Juice — 6821 Allen Rd, Allen Park, MI 48101
Frequently Asked Questions
What type of property is this?
Coffee shop - NNN leased Krispy Kreme in Detroit MSA.
Where is this coffee shop located?
The property is located at 15050 Southfield Rd Allen Park, MI.
What is the asking price?
The asking price for this property is $2,275,000.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities, providing a completely passive investment.; Corporate‑signed lease with Krispy Kreme Doughnut Corporation, a world‑renowned brand.; Secure income stream with lease term through October 2028, plus CPI increases at the beginning of each option period.
